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Nov 29, 2012
11/12
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there's always talk about the election and the winner of obama but the most important market factor in november wasn't necessarily the win of obama over romney but it assures that ben bernanke will be here for a while. all this talk about the fiscal cliff is peanuts compared to the importance of what is happening in monetary policy. >> that is correct and the fiscal stimulus not so important. ben bernankeemaintaining quantitative easing for prolonged period of time gives investors confidence as opposed to taking the punch bowl away with quantitative easing of the mitt romney as president so when the fed says they will keep interest rates relatively low we are absolutely low and some time in 2013 you have to believe that. liz: the journal says qe 4 is coming. he is coming up in a minute because he got a big scoop yesterday on q e 4. great to have you on the program. the dow 14,000, you are obviously the bull, what would get us there and in what period of time? >> nice to be on with you. i think when we look at the technicals here we are seeing a strong landscape of many individual stock
there's always talk about the election and the winner of obama but the most important market factor in november wasn't necessarily the win of obama over romney but it assures that ben bernanke will be here for a while. all this talk about the fiscal cliff is peanuts compared to the importance of what is happening in monetary policy. >> that is correct and the fiscal stimulus not so important. ben bernankeemaintaining quantitative easing for prolonged period of time gives investors...
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you had obama last week, you had the republicans counter that today. they're a mile apart -- david: michael, hold on a second. let me make sure that we get you straight here, because i think i might have misread your notes. you're not saying we're going to have a 4% contraction in the economy, you think a 4% pullout in the market? >> oh, absolutely not. no, i'm not making a call like that on the economy. i'm saying the market could back up that amount in a worst case scenario if it gets contentious in the next few weeks. but unlike the others, i do think they will come to an agreement. i do think right now you're seeing the negotiating process play out, and when you have this play out, the market that's already run up, i think we could go sideways and trade like we did today. today wasn't disastrous. volume was very light. yeah, we went out on the lows, we had some negative economic data points, and i think that's what we're in for until we get some clarity on what happens with the cliff. >> all right, charlie, folks have got to put their money to work
you had obama last week, you had the republicans counter that today. they're a mile apart -- david: michael, hold on a second. let me make sure that we get you straight here, because i think i might have misread your notes. you're not saying we're going to have a 4% contraction in the economy, you think a 4% pullout in the market? >> oh, absolutely not. no, i'm not making a call like that on the economy. i'm saying the market could back up that amount in a worst case scenario if it gets...
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once he won the election it was a reaction in the market. the client base is difficult to make the right decision, you don't know what the facts are. will be a question later on. there has not been a lot of trading in dividend stocks and because of the reason for that, an overriding concern what is going on with the fiscal cliff. people waiting to find out what is going to happen. liz: from your perspective and you guys are among the biggest, you're not seeing people jumping in and saying these companies are paying out early dividends. >> as far as our client buying or selling, no. the rationale is simple. you don't know what the rate is going to be an don't know what your tax is going to be and if that is the reason you bought the stock to begin with it might make sense if it goes up 5%, won't makes sense if it goes up 30% so the client base is smart enough to recognize that. liz: td ameritrade added dividend of 2.6% consider fast tracking its dividend. >> the entire management team as well as the board will always think about the long-term
once he won the election it was a reaction in the market. the client base is difficult to make the right decision, you don't know what the facts are. will be a question later on. there has not been a lot of trading in dividend stocks and because of the reason for that, an overriding concern what is going on with the fiscal cliff. people waiting to find out what is going to happen. liz: from your perspective and you guys are among the biggest, you're not seeing people jumping in and saying these...
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listen, this is the same media to got president obama elected and now the same media that's going to brow beat anybody who goes against the agenda. and he says it's going to hurt us, we don't know to what degree, but no doubt about it the negative media coverage that focused on darden in the food segment service because we have to accommodate health care is going to impact our bottom line. stuart: are you sure it's because olive garden does not serve authentic italian food. >> and we're going to change where we eat at, we're going to choose to disregard the restaurants doing this. cheesecake factory, ovdave overton, he's doing the same thing. we have to cut elsewhere. >> and an organization, do you think that cheesecake-- >> every company that talked about this during the election, their brand identity plunged and the ceo's have been begging and pleading with the public, maybe we'll try something different. be careful. stuart: next, we hear from speak h er boehner, and raising taxes on the rich, he insists we do that, what will speaker boehner say. and a cartoon rich person out of ca
listen, this is the same media to got president obama elected and now the same media that's going to brow beat anybody who goes against the agenda. and he says it's going to hurt us, we don't know to what degree, but no doubt about it the negative media coverage that focused on darden in the food segment service because we have to accommodate health care is going to impact our bottom line. stuart: are you sure it's because olive garden does not serve authentic italian food. >> and we're...
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Nov 30, 2012
11/12
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FBC
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and say we need a bailout, we did vote for president obama in the last election. give us a bailout. they you think that will happen? >> and all too real possibility. the governor refuses to rule out asking or accepting future federal bailout and a freeze keep sitting on our hands doing nothing the problem will get worse and that will be a federal bailout. and ask taxpayers of other states, folks who have their act together to fix our politicians's mess. >> i have been saying for a long time i think a bailout request will come. maybe they are denying it but i think it is going to come. in california same situation, ill. same situation. both of those that -- voted for president obama, a bailout request is coming but absent that, what plan could they put in place in illinois to deal with this? got any ideas? >> it is simple, we have to follow the lead of the private sector and transition to the fine contribution plan. pensions are broke. trying to fix our system would be like bailing out the titanic with a dixie cup. you have to do right by state workers and the best way to do that is
and say we need a bailout, we did vote for president obama in the last election. give us a bailout. they you think that will happen? >> and all too real possibility. the governor refuses to rule out asking or accepting future federal bailout and a freeze keep sitting on our hands doing nothing the problem will get worse and that will be a federal bailout. and ask taxpayers of other states, folks who have their act together to fix our politicians's mess. >> i have been saying for a...
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he supported obama totally in the election. without clinton i don't think that obama would have been reelect and that's what he did for him. and what clinton could do in the future, i don't know. i don't know why obama is so insistent on higher tax rates except it fits his rhetoric. stuart: at the end of the day, i think that the republicans will actually submit on the issue of higher tax rates. it may be just tax rates higher for those making half a million a year, i think they'll retreat a little bit. >> i think, too, what i'd like to see the republicans do, i'd like to see them pass a bill extending tax cuts below $250,000 and everyone agrees those should be put through and then put through another bill that extends the tax cuts on those $250,000 and above and let the democrats take ownership because you know, they're going to be held responsible for the economic performance of 2013 and come 2014, you can actually get a political change that might make a difference. stuart: we'll wait and see on that one. art laffer, always
he supported obama totally in the election. without clinton i don't think that obama would have been reelect and that's what he did for him. and what clinton could do in the future, i don't know. i don't know why obama is so insistent on higher tax rates except it fits his rhetoric. stuart: at the end of the day, i think that the republicans will actually submit on the issue of higher tax rates. it may be just tax rates higher for those making half a million a year, i think they'll retreat a...
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Dec 2, 2012
12/12
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for example, when president obama was elected president in 2008, theono the onion capturede history perfectly. they named north korean's leader kim jong un the sexiest leader alive. pretty funny, but it gets better than ad. one of china's largest papers picked up the story and ran it for real along with more than 50 pictures of the guy. the sarcasm of this description totally lost on the chinese editors. with his devastatingly hand some round face, his boyish charm and his strong, sturdy frame, this pyongyang bred heart throb is blessed every woman's dream come true. kim made this newspaper's editorial board swoon with his impe
for example, when president obama was elected president in 2008, theono the onion capturede history perfectly. they named north korean's leader kim jong un the sexiest leader alive. pretty funny, but it gets better than ad. one of china's largest papers picked up the story and ran it for real along with more than 50 pictures of the guy. the sarcasm of this description totally lost on the chinese editors. with his devastatingly hand some round face, his boyish charm and his strong, sturdy frame,...
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Dec 5, 2012
12/12
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FOXNEWSW
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obama won the election because obama promised american voters gifts and free things. he got a lost flak from democrats and republicans. look, this is exactly what mitt romney was talking about. here is someone saying, wait, i voted for you, obama, now give me the free stuff. this is exactly what mitt romney was talking about. >>eric: president obama ran the last campaign on things are getting better. give me for more years we are almost there. a very good indication of things are really getting better in the economy is food stamp use. food stamps are up to a record level. november showed 46 million people on food stamps. if things are getting better, how does that keep going up? >>guest: exactly. if you remember back during the campaign, obama was going around bragging saying, i saved detroit with the bailout. really? you saved detroit? is that why detroit is coming begging right now for money? it is insane. he is completely out of touch and he doesn't realize what this economy is like right now for every day folks. >>eric: thank you, michelle. >> there is supposed to
obama won the election because obama promised american voters gifts and free things. he got a lost flak from democrats and republicans. look, this is exactly what mitt romney was talking about. here is someone saying, wait, i voted for you, obama, now give me the free stuff. this is exactly what mitt romney was talking about. >>eric: president obama ran the last campaign on things are getting better. give me for more years we are almost there. a very good indication of things are really...
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Dec 6, 2012
12/12
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CNBC
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those results aren't so surprising because president obama won the election but if you look at the number who would be to blame if we don't get a deal, you see 21% blame the president and democrats in congress, 23% blame republicans, pretty even, 52% says they blame both of them. some other surveys have shown president obama with a stronger hand. we looked democrats in congress together with the president, any time you lump congress in a question it drags down the number. finally if you look at the intense partisan split on outlooks for the economy, this is something that is relevant as we try to measure the pessimism or optimism of american voters, we see now an even split among those who say the economy will get better in the next year versus those who say it will get worse but there's a tremendous partisan split there. republicans, a six in ten republicans say the economy will get worse. it's the loser's lament after the election that they become more pessimistic, democrats overwhelmingly optimistic, independents interestingly agree more with the republicans, they expect the economy to
those results aren't so surprising because president obama won the election but if you look at the number who would be to blame if we don't get a deal, you see 21% blame the president and democrats in congress, 23% blame republicans, pretty even, 52% says they blame both of them. some other surveys have shown president obama with a stronger hand. we looked democrats in congress together with the president, any time you lump congress in a question it drags down the number. finally if you look at...
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Dec 3, 2012
12/12
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>> what's interesting this time is barack obama has been re-elected and he's obviously feeling his oats because he's moved back to his earlier position in terms of negotiating points that in the past his own left wing had criticized him for giving up too soon. >> right. >> and you could tell both sides are dug in because neither is talking to each other, talking to the american public. and this is a pr game. >> and, kristen, you've done some work for the house republicans conference. and there are ways where you are making the argument and help polling that makes the argument raising tax rates are not what the american public wants. they agree on seeing the rich pay more but don't do it via rates that scares them off. is that polling data -- it seems like it's a tough message for the republicans. >> it is a tough message for republicans. so i think they're conceding we need to have more revenue come from somewhere. the question is, are all dollars of revenue treated equally? and the problem now is while speaker boehner wants to put ref gnaw on the table, democrats have a lot of push bac
>> what's interesting this time is barack obama has been re-elected and he's obviously feeling his oats because he's moved back to his earlier position in terms of negotiating points that in the past his own left wing had criticized him for giving up too soon. >> right. >> and you could tell both sides are dug in because neither is talking to each other, talking to the american public. and this is a pr game. >> and, kristen, you've done some work for the house...
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Dec 5, 2012
12/12
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. >> eric, all during this presidential election, we heard from both republicans and democrats saying look, this is a clear choice between romney and between obama, and it was very clear on obama wanted tax raise for the highest income americans. didn't the american people make that choice in voting for him, the electoral college and the popular vote? so isn't it incumbent on republicans to at least accept some upper income tax raise there? >> i think that the american public voted for the status quo. they voted for the gridlock that they had before the election. i think it's a little foolish of the american people to think they are going to get something different based on what they voted for. >> you think they want the status quo? >> -- largely for redistricting. well, they voted for it. whether they wanted it or not, to think these people are going to change long-held habits based on one election, i think is a little bit silly. we're going to have gridlock in washington and frankly, i think gridlock is a good thing, not a bad thing. it keeps congress from taking away more liberties
. >> eric, all during this presidential election, we heard from both republicans and democrats saying look, this is a clear choice between romney and between obama, and it was very clear on obama wanted tax raise for the highest income americans. didn't the american people make that choice in voting for him, the electoral college and the popular vote? so isn't it incumbent on republicans to at least accept some upper income tax raise there? >> i think that the american public voted...
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Dec 7, 2012
12/12
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president obama won the election. he's pressing on that. now we're seeing tom cole of oklahoma and other republicans saying that let's get through this process and move on to the next issue. a lot of them have seceded this fight. president obama has a lot of refer rage. >> a lot of members in congress are talking about this but they don't really have any influence in it just looking at outside. not everybody is happy about it. bernie sanders, the independent from vermont, says that the senate needs to find a way to make its self more relevant and, you know, it seems like their question, david, is is this any way to run a democracy? >> this is the only way to get a deal. the members have a right to vote against anything that they are against. but there's no way that you can have a negotiation between two competing sides if you have one individual on one side and 400 individuals on the other. it just doesn't work. so what the speak ser going to have to do is go back to his members, harry read harry reid will have to go back to his members and
president obama won the election. he's pressing on that. now we're seeing tom cole of oklahoma and other republicans saying that let's get through this process and move on to the next issue. a lot of them have seceded this fight. president obama has a lot of refer rage. >> a lot of members in congress are talking about this but they don't really have any influence in it just looking at outside. not everybody is happy about it. bernie sanders, the independent from vermont, says that the...
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Dec 1, 2012
12/12
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before an election. >> the meeting with the senators getting all kinds of media attention and might have pressed for the press to get more from the white house as jay leno noted. >> and this week, cbs news became the first news organization besides fox to ask president obama who changed the benghazi talking points? >> yeah, this is very dangerous for the white house, and suddenly start asking real questions. >> so, what about it, jim, if jay leno is asking that question, does it mean that the press might be finally catching on? >> i think a couple of things are happening here, first of all, the camort of race baiting against john mccain led by richard wolf and tour, don't forget the accent mark. and the meeting with rice went badly and susan collins prides herself as a moderate thinks worse of you, you've done a bad job on the your presentation. and adam credo, the new website called the washington free beacon has millions of dollars in investments of companies linked to iran and rattled off the list and how she got confirmed as a u.n. ambassadorship and the romney campaign never no
before an election. >> the meeting with the senators getting all kinds of media attention and might have pressed for the press to get more from the white house as jay leno noted. >> and this week, cbs news became the first news organization besides fox to ask president obama who changed the benghazi talking points? >> yeah, this is very dangerous for the white house, and suddenly start asking real questions. >> so, what about it, jim, if jay leno is asking that question,...
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Nov 30, 2012
11/12
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in 2008, then president elect obama met with john mccain at the obama campaign chicago's headquarters. vice president al gore and george w. bush had a private meeting after gore officially conceded the election. and president clinton gave the defeated bob dole a presidential medal of freedom just days before the second clinton inauguration. other rivals weren't as conciliatory. herbert hoover and franklin d. roosevelt reportedly sat in silence to the inauguration. walter mondale told politico he and ronald reagan never sat down for this kind of conversation. and is a former aide to john kerry told politico that kerry and george w. bush never spoke to one another after john kerry conceded the election. joining me now, pulitzer prize winning columnist for "the washington post" and msnbc analyst eugene erickson. and we have all -- i won't speak for you. i have -- i have more than once, i think, said we will keep in touch, let's keep in touch, to someone i did not then keep in touch with. i don't think i've ever been as phony about it, though, as these two guys today promising to stay in
in 2008, then president elect obama met with john mccain at the obama campaign chicago's headquarters. vice president al gore and george w. bush had a private meeting after gore officially conceded the election. and president clinton gave the defeated bob dole a presidential medal of freedom just days before the second clinton inauguration. other rivals weren't as conciliatory. herbert hoover and franklin d. roosevelt reportedly sat in silence to the inauguration. walter mondale told politico...
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Nov 30, 2012
11/12
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CNBC
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president obama may have won this election but two years ago leaders of the tea party movement elected ron paul's son rand as kentucky senator over an establishment republican. one leader of that movement who runs a high-end audio equipment business says they could do the same thing in 2014, and this time take out mitch mcconnell if he agrees to raise taxes. >> we shall not raise taxes in this country. we do not have a revenue problem. i would like senator mcconnell to recognize that the washington leaders are like a bunch of crack addicts. they need evermore money for evermore growing government and it is at the expense of the ordinary citizen that they pursue these policies. >> reporter: but the brighter those lines are drawn, the harder it will be to get a deal. owen williams worked more than 20 years on wall street. now he runs a small college here that sits on the board of the henry clay center for statesmanship. the way to a solution, he says, is for both sides to have a voice. >> both have taken the attitude that it's my way or the highway. and americans recognize that that's ju
president obama may have won this election but two years ago leaders of the tea party movement elected ron paul's son rand as kentucky senator over an establishment republican. one leader of that movement who runs a high-end audio equipment business says they could do the same thing in 2014, and this time take out mitch mcconnell if he agrees to raise taxes. >> we shall not raise taxes in this country. we do not have a revenue problem. i would like senator mcconnell to recognize that the...
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Dec 3, 2012
12/12
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. >> president obama owes president clinton a great deal for helping him get elected. number one, we need a meaningful citizen education engagement effort with the white house in formada, next year to build the case for a grand bargain. the official version of what i did and what my colleagues did over the last several months and we need congressional hearings that will set the stage for tax reforms, social security reform and the president needs to negotiate privately and have discussions with congressional leaders of both parties privately. those three things can get us to the promt promise land. and without all three of those, we're in trouble. >> but, david, that is exactly what was supposed to happen between july of 2011 and today. and guess what? none of it has happened. none of it. we're having the same conversation. >> you know what? >> only the president can lead. only the president can lead. >> he has the pen. he has joe's pen. >> mine is a viagra pen. wouldn't that be embarrassing if he held that up and said i have a pen? >> i don't know why you have a viagr
. >> president obama owes president clinton a great deal for helping him get elected. number one, we need a meaningful citizen education engagement effort with the white house in formada, next year to build the case for a grand bargain. the official version of what i did and what my colleagues did over the last several months and we need congressional hearings that will set the stage for tax reforms, social security reform and the president needs to negotiate privately and have...
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Dec 6, 2012
12/12
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CNNW
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and i think president obama is doing his very, very best. and the american people have spoken the last election, that we want change. so, you know, i think everybody misses teddy. and the great thing about teddy is, that he really was great friends with people on both sides of the aisle. and it's a lot easier to negotiate with somebody that you like. >> i think the president should play more golf with john boehner. he never played one game with him, if that. let's turn to more cherry matters. the rfk center, raising money to help people around the world. tell me about it. >> first of all, i'm bidding on you. >> i'm one of the prizes. >> you are a prize. >> you can go to www.charitybuzz.com search piers. and the current bid is $70 million, to bring four people to that studio for the cnn experience. >> you have competition against a lot of people. anderson cooper is up there, too. >> is he beating me? i will not be happy if he beats me. if you are watching, get on the website and bid higher. i'll give you a cup of tea, whatever you like. and t
and i think president obama is doing his very, very best. and the american people have spoken the last election, that we want change. so, you know, i think everybody misses teddy. and the great thing about teddy is, that he really was great friends with people on both sides of the aisle. and it's a lot easier to negotiate with somebody that you like. >> i think the president should play more golf with john boehner. he never played one game with him, if that. let's turn to more cherry...
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Nov 30, 2012
11/12
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CNNW
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. >>> president obama and mitt romney face-to-face for the first time since the election. we will tell you how it went and what the former political rivals discussed. i have a cold... i took dayquil, but i still have a runny nose. [ male announcer ] truth is, dayquil doesn't work on runny noses. what? [ male announcer ] it doesn't have an antihistamine. really? [ male announcer ] really. alka-seltzer plus cold and cough fights your worst cold symptoms, plus has a fast acting antihistamine to relieve your runny nose. [ sighs ] thank you! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] to learn more about the cold truth and save $1 visit alka-seltzer on facebook. ♪ ♪ [ male announcer ] while you're getting ready for the holidays, we're getting ready for you. tis the season. for food, for family, and now, something extra -- for you. >>> a small but symbolic victory for palestinians today. the united nations assembly voted overwhelmingly to grant palestinians what's called no
. >>> president obama and mitt romney face-to-face for the first time since the election. we will tell you how it went and what the former political rivals discussed. i have a cold... i took dayquil, but i still have a runny nose. [ male announcer ] truth is, dayquil doesn't work on runny noses. what? [ male announcer ] it doesn't have an antihistamine. really? [ male announcer ] really. alka-seltzer plus cold and cough fights your worst cold symptoms, plus has a fast acting...
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Dec 5, 2012
12/12
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CNNW
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re-election campaign. howard kurtz the host of "cnn's reliable sources" lauren ashburn, republican from texas, congressman jeb hensarling with us, randy weingarten, president of the american federation of teachers. all guests this morning. wednesday, december 5th, and "starting point" begins right now. >>> our "starting point" this morning, president obama putting his foot down. he says no tax hikes for the wealthy, no deal. america hits that fiscal cliff in 27 days and that means tax hikes and deep spending cuts if the democrats and the republicans can't come together in some kind of a deal and with just ten days remaining until congress is scheduled to go home for the holidays, the clock ticking. here's what he told bloomberg news. listen. >> we're going to have to see the rates on the top 2% go up and we're not going to be able it to get a deal without it. >> we start this morning with white house correspondent dan lothian, he's in washington, d.c. okay. so who's got the ball in their court at this poin
re-election campaign. howard kurtz the host of "cnn's reliable sources" lauren ashburn, republican from texas, congressman jeb hensarling with us, randy weingarten, president of the american federation of teachers. all guests this morning. wednesday, december 5th, and "starting point" begins right now. >>> our "starting point" this morning, president obama putting his foot down. he says no tax hikes for the wealthy, no deal. america hits that fiscal cliff...
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Dec 6, 2012
12/12
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MSNBC
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that democrats they won the election, president obama campaigned on many things that he's pushing. one, do you agree? number two, what role, if that is the role of house democrats what role can house democrats play in influencing that process since this is being cast as president obama and john bain somewhere nobody else. >> the role that the house democrats have played all along that is we continue to put forward an agenda that is acceptable to all sides. as i mentioned, jobs, first and foremost. back home, chris, they're not talking about sequestration. they're saying, look, why can't you guys get together and create the jobs that we need? only within the beltway do we become obsessed with this thing. they expect as adults we'll sit down and work this through. i believe that will happen. i believe the democrats, especially the house, have to remain crystal clear on what we're for. for the creation of jobs, for tax cuts for the middle class. these are something that both sides can agree to. and, yes, we have to address the long-term concerns, to quote paul ryan, that are underscor
that democrats they won the election, president obama campaigned on many things that he's pushing. one, do you agree? number two, what role, if that is the role of house democrats what role can house democrats play in influencing that process since this is being cast as president obama and john bain somewhere nobody else. >> the role that the house democrats have played all along that is we continue to put forward an agenda that is acceptable to all sides. as i mentioned, jobs, first and...
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Dec 6, 2012
12/12
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image of president obama and governor christie shoulder to shoulder, a time when he promised to help victims quickly. >> i want you to cut through red tape. i want you to cut through bureaucracy. there's no excuse for inaction at this point. >> the white house said the president remains committed. >> there's no question what the president saw on staten island that enormous suffering continues. that's why we're looking at states and localities to continue the effort to assist in the recovery. >> reporter: a top congressional aide tells cnn lawmakers are waiting to see the administration proposal, and an administration official tells cnn the white house is still crunching its numbers. as for chris christie, who is up for re-election in new jersey next year, the top aide to the governor had no comment. just to get to a staggering sum of money we're talking about here, the $80 billion the governors are seeking roughly equal to the amount of money we'd raise in one year from raising taxes on the top 2 percent. so it's a lot of money. >> it's a tough time, that's for sure. jim acosta, than
image of president obama and governor christie shoulder to shoulder, a time when he promised to help victims quickly. >> i want you to cut through red tape. i want you to cut through bureaucracy. there's no excuse for inaction at this point. >> the white house said the president remains committed. >> there's no question what the president saw on staten island that enormous suffering continues. that's why we're looking at states and localities to continue the effort to assist...
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thank you for coming in. >> a pleasure. >> thank you so much. >>> president obama makes good on an election night promise meeting with mitt romney for lunch at the white house. this was their first face to face meeting since their bruising presidential campaign and it was strictly a no-cameras, no-reporters affair. you like to be a fly on that wall for that meeting. blink and you miss this. our cameras caught a brief glimpse of romney arriving at the white house minutes before the lunch was scheduled to begin and here he is leaving about an hour and 15 minutes later. lasted that long. as for what was discussed, no word yet from romney nor from the white house. >> a former president in the hospital today and we're now hearing when george h.w. bush might get out. >>> but up next, an internet blackout. a crucial fight right under way now in syria. i'll speak live with someone who just returned from there and saying the developments could signal the end game for bashar al assad. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameripris
thank you for coming in. >> a pleasure. >> thank you so much. >>> president obama makes good on an election night promise meeting with mitt romney for lunch at the white house. this was their first face to face meeting since their bruising presidential campaign and it was strictly a no-cameras, no-reporters affair. you like to be a fly on that wall for that meeting. blink and you miss this. our cameras caught a brief glimpse of romney arriving at the white house minutes...
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she raised more than $500,000 toward president obama's re-election campaign. she held a $40,000 a plate dinner party at sarah jessica parker's townhouse in new york earlier in the fall. she later held lavish fund-raisers, star studded by the way, in london and paris. >> so she's raised all this money and done so much for the obamas, what is she saying? what is vogue saying about this? >> you know, vogue will only officially say that these are still rumors and that she's very happy in her current job. listen, i do know anna wintour a little bit, brooke. and i can tell you that there are people close to her in some circles who would be quite surprised. again, she's the most powerful person in fashion. some have suggested ambassadorial post is a lame duck position that after a couple of years you're out and then what? this is a woman who is a kingmaker in fashion as one publicist said, you can do it without anna but it takes a lot longer. >> alina cho, we wanted to find out what you were hearing, your sources. >>> more information is starting to surface about the
she raised more than $500,000 toward president obama's re-election campaign. she held a $40,000 a plate dinner party at sarah jessica parker's townhouse in new york earlier in the fall. she later held lavish fund-raisers, star studded by the way, in london and paris. >> so she's raised all this money and done so much for the obamas, what is she saying? what is vogue saying about this? >> you know, vogue will only officially say that these are still rumors and that she's very happy...
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president obama claims that he won his election because he came up with this idea of saying that they were going to raise tax rates on the wealthiest 2% and keep rates where they are for the middle-class. >> i think president obama can certainly say that he has got a different outlook on what america should look like, what america's role in the world should be, and a different outlook about the economic future of america. i think he truly believes his ideas. i don't think he's right in those beliefs and those outlooks because i think the human nature is to be free. the human instinct is to be free. free from overtaxation, free from overregulation, free from overlitigation. and until we free up the entrepreneurs in this country, we are going to struggle economically as a nation. there will be pockets around the country where freedom still matters, where -- there is still a land of opportunity in america. it's called texas. >> anyway, they'll be more than -- we don't want you to secede now. how about five states? we're going to ask you about that. you're allowed to split into five state
president obama claims that he won his election because he came up with this idea of saying that they were going to raise tax rates on the wealthiest 2% and keep rates where they are for the middle-class. >> i think president obama can certainly say that he has got a different outlook on what america should look like, what america's role in the world should be, and a different outlook about the economic future of america. i think he truly believes his ideas. i don't think he's right in...
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owns the economy in 2013, and 2014 and then we'll see in the off year elections whether he can keep it. and then we'll see what happens in 2016. martha: erskine bowles made comments about how to put together a deal an basically looked at where the numbers are and he said you have to trim both sides a little bit. he said i see room if here for a deal. do you recommend that kind of compromise, and would it need to involve, in your opinion, only bringing money into revenue through eliminating tax loopholes and not through raising rates? >> what i would like to see done, i'd like to see us lower rates and broaden the base just like the simpson-bowles has it. i would like to see the 1986 tax act then i would love to see spending reductions. you know, a low rate flat tax is not only fair, it's also efficient, it creates prosperity. it's worked every single time and that's what they should do. now how you play it politically, you know, that you have to be on the inside to understand, but i don't mind the republicans coming to a deal, as long as they don't give up their opposition to raisin
owns the economy in 2013, and 2014 and then we'll see in the off year elections whether he can keep it. and then we'll see what happens in 2016. martha: erskine bowles made comments about how to put together a deal an basically looked at where the numbers are and he said you have to trim both sides a little bit. he said i see room if here for a deal. do you recommend that kind of compromise, and would it need to involve, in your opinion, only bringing money into revenue through eliminating tax...
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show that, in fact, president obama was elected primarily because people felt that he was compassionate, that he cares about them. and that's an important quality. but, in fact, they endorsed the fiscal approach that governor romney suggested, which was that we need to grow. we need to have a tax policy that makes sense. we need to tackle -- >> polling also shows that people think the richest americans should pay more taxes. clearly. there's no doubt at all on that. so let's go back to secretary gutierrez. what is the -- what is the give? what are republicans putting on the table in terms of specifics? because the democrats charge republicans haven't really -- you know, that they've laid out something. maybe the republicans hate it. but now republicans have to lay out something. what are republicans specifically willing to cut? >> i think that speaker boehner went a long way by saying we are going to put revenues on the table. and, soledad, the obama administration very cleverly has made this a debate about tax increases. i wish that the explainer in chief who explains very well, i wish
show that, in fact, president obama was elected primarily because people felt that he was compassionate, that he cares about them. and that's an important quality. but, in fact, they endorsed the fiscal approach that governor romney suggested, which was that we need to grow. we need to have a tax policy that makes sense. we need to tackle -- >> polling also shows that people think the richest americans should pay more taxes. clearly. there's no doubt at all on that. so let's go back to...
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this was the first election since carter where neither candidate, nor president obama nor mitt romney claimed to be a born again christian. there was a choice there that was very different. >> how would you feel if a muslim president were to be elected? >> depends on what his views are on politics. you're not voting for a pastor. you're voting for a president. when i go to a doctor i don't ask the guy are you a christian? i ask him, have you done this surgery before? >> you did the invocation for president obama's inauguration in 2009. any sense to go back here in a few weeks? >> no, i'm sure i won't. many people don't know four years earlier i did an inauguration prayer for president bush at the beginning of his inauguration, but nobody noticed it. >> i want to talk about the coarseness in our culture a little bit. >> yeah. >> tyler clemente at rutgers university, the student who killed himself, very sad thing. his parents wrote that they left their evangelical church recently because they felt the beliefs on homosexuality estranged them from their son, which meant he could not come
this was the first election since carter where neither candidate, nor president obama nor mitt romney claimed to be a born again christian. there was a choice there that was very different. >> how would you feel if a muslim president were to be elected? >> depends on what his views are on politics. you're not voting for a pastor. you're voting for a president. when i go to a doctor i don't ask the guy are you a christian? i ask him, have you done this surgery before? >> you...
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everyone else in the system has an election and obama doesn't. so as his capital goes down and his vision gets wider, historically everyone else is getting narrower to that -- it not even to election day in '14 but to primary day. >> with all that said, lee, you look at the deal, as michael said, the president came out big. not only does he want taxes to go up on the wealthy but stimulus spending, the power to raise the debt ceiling. where is the middle ground? who blinks on these questions of taxes? >> everyone is doubling down and waiting for the other side to blink first. that's why we'll push this. this could be all choreographed. we don't know what's happening with the side conversations. both sides will probably give. everyone knows that will be the case. the president has a lot of leverage. he, of course, doesn't have absolute leverage but has more than he had. learned a lesson in 2001. he's coming out of the gate with strong rhetoric. >> michael? >> if you took grover out of the equation and lowered the flame, how long do you think it wou
everyone else in the system has an election and obama doesn't. so as his capital goes down and his vision gets wider, historically everyone else is getting narrower to that -- it not even to election day in '14 but to primary day. >> with all that said, lee, you look at the deal, as michael said, the president came out big. not only does he want taxes to go up on the wealthy but stimulus spending, the power to raise the debt ceiling. where is the middle ground? who blinks on these...
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it and barack obama -- >> not necessarily, it's debatable. >> the worst performance by an incumbent seeking -- >> but he won -- >> well, i am against -- >> anything other than -- >> gifts -- >> not gifts, necessarily, but cobbled together a coalition -- >> but that's what elected officials are supposed to do. just remind everybody very quickly, liberals would be quick to point out that nationally democrats in the house got about 600,000 more votes. >> so your point is that he was able to get more than 50% of the people to vote for tax increases on somebody else? that's quite a sales job. >> the point about polling. >> that's a great sales -- so -- >> overwhelming of people want to tax the rich. it's a bad policy and it's dumb and shouldn't be done. >> it's not hard to get 50% to agree to that. >> of course not. >> tax 2% and give me what you get. >> i agree, but it still polls very well. >> to steve's point. what you're talking about is what americans say they want where they're willing to come from these things. that was david walker's point. our guest host on monday. and his point
it and barack obama -- >> not necessarily, it's debatable. >> the worst performance by an incumbent seeking -- >> but he won -- >> well, i am against -- >> anything other than -- >> gifts -- >> not gifts, necessarily, but cobbled together a coalition -- >> but that's what elected officials are supposed to do. just remind everybody very quickly, liberals would be quick to point out that nationally democrats in the house got about 600,000 more...
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the problem that you have is right or wrong, obama has just won the election on that basic pledge to raise taxes. >> wrong, wrong, wrong! you know what, that makes no sense. how many people do you know that said i'm going to vote for the president to have more debt, and in an economy that can't grow it's way out of the issues? we currently only take in about 15.5% revenues. we need to get to 2021. >> i understand that. >> it's not a tax problem, it's a growth problem. and he has no growth plan. so then they blame others, because they don't have a plan. >> but he was able to get through the election doing precisely that. >> got through the election on social issues. on the economy, i think it's pretty clear that nobody voted for four more years of the current economy. four more years to get his house in order and he's not going to get his house in order using the red herring of taxes when it's entitlemen entitlements. it just isn't going to work, simon. >> i get it. i'm just pointing out -- >> you know what, let's take jobless claims. >> i get it. >> over the last three days, jobless
the problem that you have is right or wrong, obama has just won the election on that basic pledge to raise taxes. >> wrong, wrong, wrong! you know what, that makes no sense. how many people do you know that said i'm going to vote for the president to have more debt, and in an economy that can't grow it's way out of the issues? we currently only take in about 15.5% revenues. we need to get to 2021. >> i understand that. >> it's not a tax problem, it's a growth problem. and he...
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over government in the last election. he says they didn't make it. ted cruz says that the real problem with mitt romney's disastrous 47% quote was that it accepted the notion that some people are rich. some people are poor. and that's how the pie looks. and then you redistribute among them. he's saying no. true conservatism -- and we've heard joe say this around the table -- >> absolutely. >> -- true conservatism means that everybody can do anything and that the republican party's missed that message. that's what they need to turn to. >> it's going to be interesting to see how they do that and if ted cruz becomes sort of the force in this. what do you think? what's your gut, mike? >> he's already offering himself -- he clearly wants to play that role. >> yeah. >> he said last night, i'm something that's not supposed to exist, a hispanic republican. so ted cruz is one of the most interesting parts of this reinvention of the republican party. another part of it, the new emphasis on immigration. >> yes. >> the effort to reac
over government in the last election. he says they didn't make it. ted cruz says that the real problem with mitt romney's disastrous 47% quote was that it accepted the notion that some people are rich. some people are poor. and that's how the pie looks. and then you redistribute among them. he's saying no. true conservatism -- and we've heard joe say this around the table -- >> absolutely. >> -- true conservatism means that everybody can do anything and that the republican party's...
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>> a re-elected barack obama back at number one. two years ago we had hu jintao so it is not automatic the president is at the top but with a kind of mini mandate, four more years and the defacto leader of the free world it is a pretty easy selection of number one. >> angela merkel number two. easy to understand. >> europe goes through germany and germany goes through merkel. >> let's talk about vladimir putin coming in at number three. >> yes. he has been on the list even when he wasn't president because we all know who was still running the show then. he's back up there with a bullet. he's been as high as two on this list. here is somebody who has a u.n. security council permanency, controls a huge oil and gas reserve, has a nuclear tipped army and wields his power very effectively. >> and loves to show his muscles. many times as possible. >> powerful in many ways. that's right. >> of late bill gates has been the rodney dangerfield of silicon valley or seattle. he gets absolutely no respect but you give him plenty. he comes in at
>> a re-elected barack obama back at number one. two years ago we had hu jintao so it is not automatic the president is at the top but with a kind of mini mandate, four more years and the defacto leader of the free world it is a pretty easy selection of number one. >> angela merkel number two. easy to understand. >> europe goes through germany and germany goes through merkel. >> let's talk about vladimir putin coming in at number three. >> yes. he has been on the...